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HomeMy WebLinkAboutCRPS-06-017 - Declare Land Surplus to the City's Needs - 135 & 139 Victoria Street Southl K KR Corporate Services REPORT Report To: Mayor C. Zehr& Members of Council/Committee of the whole Date of Meeting: February 13, 2006 Submitted By: L. Proulx, Director of Facilities Management Prepared By: C. Riordan, Administrative Assistant Ward(s) Involved: Date of Report: February 1, 2006 Report No.: CRPS 06-017 Subject: DECLARE LAND SURPLUS TO THE CITY'S NEEDS -135 & 139 VICTORIA STREET SOUTH RECOMMENDATION: That the parcels of land municipally known as 135 Victoria Street South, described as Part of Lot 552, Registered Plan 378, designated as Part 1 on Reference Plan 58R-9666 and the land municipally known as 139 Victoria Street South, described as Part of Lot 552, Grange's Amended Survey, Registered Plan 378 in the City of Kitchener be declared surplus to the City's needs; and, That Legal Services be directed to transfer the said lands to the Parish of the Ukrainian Catholic Church of the Transfiguration for the purpose of developing a parkette, at the price of $18,000, plus incidental costs associated with this transaction; and further, That the City retains easements over the said lands; and further, That the Mayor and Clerk be authorized to execute the necessary documentation to complete this transaction. BACKGROUND: The property municipally known as 139 and 135 Victoria Street South were purchased in 1994 and 1998 respectively for the installation of major trunk sewers. These two lots abut the Ukranian Catholic Church of the Transfiguration property at 131 Victoria Street South. The Pastor approached us requesting to purchase the vacant land to create a small serene park. ...12 February 1, 2006 Page 2 REPORT: The Property Management Committee discussed the request and came to the conclusion that the land is not required for parking purposes and does not have much potential due to the underground storm sewer encumbering the property. The committee supports the potential sale, subject to retaining easements over the land. An appraisal was complete by a licensed appraiser, resulting in an estimate of $28,343; $9,815 for #135 and $18,000 for #139. The Pastor was not prepared to purchase both parcels due to cost. As a result, we negotiated with the Pastor and staff recommends that the sale of the two parcels for $18,000. Staff recommend this transaction recognizing that the lands cannot be developed due to easements over large pipes. It is also important to appreciate that with the sale, the City will no longer need to maintain this property. The Church indicates that they will develop a parkette. This will be an improvement to the streetscape in that portion of Victoria Street. FINANCIAL IMPLICATIONS: All funds received by this transaction will be put into the Asset Management Reserve. COMMUNICATIONS: nla CONCLUSION: nla L. Proulx CET, CMM III Director of Facilities Management Cheryl Riordan Administrative Assistant Attach.